Event affecting administration or distribution

Va. Code Ann. § 64.2-798
in effect
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If the happening of an event, including marriage, divorce, performance of educational requirements, or death, affects the administration or distribution of a trust, a trustee who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the trustee's lack of knowledge. 2005, c. 935 , § 55-550.07; 2012, c. 614 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/64.2-798/Fetched: 10/17/2026

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